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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 684.84+0.6%4:00 PM EST

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To: Al Greenleaf who wrote (6164)6/24/2010 12:03:56 PM
From: GROUND ZERO™1 Recommendation  Read Replies (4) of 220518
 
Respectfully, there's no way to know how likely or unlikely a rally may be, this market is now extremely over sold... following a trading system requires enormous self control and patience, and also keeping a light position so there's less chance of anxiety... of course, easier said than done, but I'm holding my longs until I get a buy signal, this could be higher or lower from this current level... system trading is like flying a plane with no windows, you can only rely on your instruments, and they're telling me a low is very near, this market may merely be retracing back to test the original buy zone, this is very possible...

GZ
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